Asked by zaimel moses on Jul 06, 2024
Verified
Amanda, a marketing manager at Xenon Inc., believes that the company should engage in international business as it will benefit the company in multiple ways. However, Kyle, an operations manager of the company, feels that it should concentrate on conducting business domestically. Which of the following statements supports Amanda's beliefs?
A) By engaging in international business, Xenon can evade taxation in foreign markets.
B) By engaging in international business, Xenon can acquire new resources and knowledge.
C) By engaging in international business, Xenon can engage in corporate social responsibility.
D) By engaging in international business, Xenon can effectively use a single marketing strategy for all its products.
Acquire Resources
The process of obtaining the necessary materials, finances, and human skills required for the operation of a business or project.
Corporate Social Responsibility
A business model that helps a company be socially accountable—to itself, its stakeholders, and the public—by practicing sustainable development.
- Recognize the merits and challenges involved in international commerce.
Verified Answer
MF
Melynda FrostJul 10, 2024
Final Answer :
B
Explanation :
Engaging in international business allows a company to access new resources, knowledge, and technologies that may not be available domestically, supporting Amanda's belief in the benefits of international expansion.
Learning Objectives
- Recognize the merits and challenges involved in international commerce.